About Swipe
Swipe is a Technology company based in Hyderabad (India) founded in 2021 by Aditya Vemuganti and Sri Teja Allaparthi. SaaS billing and accounting tools for SMEs are delivered. It operates on a SaaS (Software-as-a-Service) and Freemium model. Swipe has raised $2.04 million across 3 funding rounds from investors including Riidl, Y Combinator and Global Founders Capital. Its chief executive, as recorded, is Aditya Vemuganti. Its website getswipe.in draws about 650 thousand monthly visits. Its Indian entity Nextspeed Technologies Private Limited reported revenue of ₹5.75 Cr. Swipe offers products and services including Swipe GST Billing Software, Swipe POS Billing, and Swipe Inventory Management. Its focus areas include Software and Billing and Invoicing.
Company details
Swipe is established as a provider of GST-compliant billing and invoicing software tailored for small and medium enterprises. Solutions are offered in sectors like retail, distribution, and services, focusing on simplifying invoicing, POS billing, and inventory management. Features such as customizable templates, payment tracking, and instant sharing via WhatsApp or email are included. Inventory tracking is streamlined with options for bulk uploads and real-time stock updates. Comprehensive reporting tools for sales, purchases, and expenses are also provided to support business operations.
- Headquarters Hyderabad, India
- Founders Aditya Vemuganti, Sri Teja Allaparthi
- SectorsTechnology
- Website category Finance
- Email••••••••
- Phone•••• ••••
- Website getswipe.in
- Social LinkedIn Facebook YouTube
- Legal Name Nextspeed Technologies
- Date of Incorporation 23 Jun, 2021
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹5.75 Cr
FY 2025 · +86% YoY
- Net Loss-₹5.31 Cr
FY 2025 · -92% margin
- EBITDA-₹5.17 Cr
FY 2025 · -90% margin
- Total Equity Funding$2.04M (USD)
in 3 rounds
- Latest Funding Round$2M (USD), Seed
Feb 2022
- InvestorsRiidl
& 9 more
Associated legal entities of Swipe
Swipe operates through Nextspeed Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nextspeed Technologies Private Limited CIN U72200TG2021PTC152460 | Active | 23 Jun 2021 | Hyderabad, Telangana | ₹5.8 Cr | 4 | 2 | View details |
Products & Services of Swipe
Swipe offers a comprehensive portfolio of products and services, including Swipe GST Billing Software, Swipe POS Billing, and Swipe Inventory Management.
GST-compliant invoicing software is provided for businesses.
POS billing solution is offered for small businesses.
Inventory tracking software is designed for easy management.
Apps and channels of Swipe
Swipe publishes 1 mobile app with over 1M+ downloads; its YouTube channel Swipe - Simple Billing & Payments has 13.2K subscribers and 30 videos.
Videos from Swipe
The most watched videos on Swipe's YouTube channel, Swipe - Simple Billing & Payments (13.2K subscribers). Click a video to play it here.
More on Swipe - Simple Billing & Payments.
Funding Insights of Swipe
Swipe has successfully raised a total of $2.04M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.04M
- Total Rounds 3
- Last Round Seed — $2M
- First Round $39,886
(Apr 2021)
- Investors Count 10
All 3 funding rounds of Swipe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $2M | Seed | – | Y Combinator | |
| Aug 2021 | Seed | – | – | – | |
| Apr 2021 | $39,886 | Seed | – | Riidl | – |
10 investors in total: 7 institutional and 3 angel.
Investors in Swipe
Swipe has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Riidl, Y Combinator and Global Founders Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Venture capital firm focused on early-stage startups | globalfounderscapital.com | Berlin, Germany | ||
Venture capital firm investing in multiple sectors | duro.vc | San Francisco, United States | ||
Early-stage investments are provided by Soma Capital to startups. | somacap.com | San Francisco, United States | ||
Early-stage companies are funded by K3 Diversity Ventures. | k3diversityventures.com | Los Angeles, United States | ||
Investments in seed-stage startups are made by Locus Ventures. | locus.vc | Redwood City, United States | ||
Research, innovation, incubation, and design services. | 2010 | riidl.org | Mumbai, India | |
KS Kunal Shah | Founder of CRED, serial entrepreneur, and prominent Indian angel investor | unknown_954deeb9ab7447c58 | ||
LL Lish Lee Jung | unknown_1b943b9f945243ee9 | |||
OJ Oliver Jung | Global angel investor, early backer of Indian startups like Razorpay | unknown_4c95d226a41d4a118 |
Investor details for Swipe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Nextspeed Technologies Private Limited (Swipe)
Nextspeed Technologies Private Limited is the primary company behind Swipe. The board of Nextspeed Technologies Private Limited currently have 2 directors; the longest-serving is Aditya Vemuganti, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditya Vemuganti DIN 07234809 | Director | 23 Jun 2021 | 5 yrs 4 mo | Nextspeed Technologies Private Limited |
| Sri Teja Allaparthi DIN 08339262 | Director | 23 Jun 2021 | 5 yrs 4 mo | Nextspeed Technologies Private Limited |
People of Swipe
20 people are tracked at Swipe (7 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Jaya Gatadi | Founder's Office | Leadership |
Vamsi Krishna | Director of Engineering | Leadership |
vixtonbrown 한걸음 | blockchain of director | Leadership |
Aditya V. | Co-founder and CEO | Leadership |
Kumar Reddi | Founder's Office | Leadership |
Nishanta Saikia | Growth Marketing Manager | Team |
Balu Sonawane | Android Developer | Team |
Pratikshya Pattnaik | Senior Customer Success Associate | Team |
Yash Somkuwar | Ios Developer | Team |
Sai Charan Teja Tanguturu | Software Engineer | Team |
Mani Yadav | Customer Success Manager | Team |
Mayank Pandey | BDM | Team |
Archana V C | Marketing Associate | Team |
Ramesh Thrinadh Yatam | SDE II | Team |
Abhijit Vvr | Founding Team | Team |
Vansh Jaiswal | Sde-1 | Team |
Nitin | SDE 2 | Team |
Raghav Bali | Founders Office | Team |
Complete people profiles for Swipe
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Swipe
Figures of Nextspeed Technologies Private Limited, the primary company behind Swipe, for FY 2025. Revenue was ₹5.75 Cr (+86% year on year). Net loss was -₹5.31 Cr (-92% margin). EBITDA was -₹5.17 Cr (-90% margin). Revenue has grown at a compounded annual rate of +112% over three years.
- ₹5.75 CrRevenue · FY 2025 · +86% YoY
- -₹5.31 CrNet loss · -92% margin
- -₹5.17 CrEBITDA · -90% margin
- ₹39,619Paid-up capital
- 4Employees (provident fund records)
- +112%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Nextspeed Technologies Private Limited are on its company page.
Detailed financial statements for Swipe
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Swipe
3 dated milestones of Swipe across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Swipe is founded.
- Funding First funding round of $40K.
- Funding Latest funding round, Seed, of $2.0M.
Web traffic of Swipe
The website of Swipe (getswipe.in) receives about 649.9K visits a month and ranks #54,137 among all websites worldwide, #3,435 in Finance.
- Monthly visits649.9K
▼ 19.6% vs previous month
- Unique visitors242.2K
per month
- Global rank#54,137
among all websites
- Category rank#3,435
Finance · Finance
- Bounce rate41%
- Pages per visit5.8
- Average visit6 min 19 sec
- DevicesDesktop 67% · Mobile 33%
Websites whose visitors overlap most with Swipe. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| razorpay.com | 100% | 34.9M | #1,536 | View details | |
| credlix.com | 81% | 229.7K | #228,420 | View details | |
| mybillbook.in | 78% | 2.3M | #21,863 | View details | |
| swipez.in | 77% | 37.5K | #782,664 | View details | |
| wishfin.com | 77% | 177.1K | #260,020 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Swipe
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Swipe
Swipe was founded in 2021.
Swipe is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Aditya Vemuganti is the CEO of Swipe, as recorded in our data. They have also founded this company.
Swipe is a funded company, having raised a total of $2.04M across 3 funding rounds to date. The company's 1st funding round was a Seed of $39.89K, raised on Apr 2021.
The primary company behind Swipe, Nextspeed Technologies Private Limited, reported revenue of ₹5.75 Cr for FY 2025, up 86% year on year.
Swipe is established as a provider of GST-compliant billing and invoicing software tailored for small and medium enterprises. Solutions are offered in sectors like retail, distribution, and services, focusing on simplifying invoicing, POS billing, and inventory management. Features such as customizable templates, payment tracking, and instant sharing via WhatsApp or email are included. Inventory tracking is streamlined with options for bulk uploads and real-time stock updates. Comprehensive reporting tools for sales, purchases, and expenses are also provided to support business operations.
Swipe offers Swipe GST Billing Software, Swipe POS Billing, and Swipe Inventory Management.
Swipe has 10 investors. Key investors include Riidl, Y Combinator, Global Founders Capital, Kunal Shah, and Duro Ventures.
Swipe operates through Nextspeed Technologies Private Limited.
The legal entities of Swipe currently have 2 directors, including Aditya Vemuganti, Sri Teja Allaparthi.
Yes. Swipe publishes Invoicing Billing GST - Swipe, with over 1 million downloads.
The website of Swipe receives about 650 thousand visits a month and ranks #54,137 among all websites worldwide.